The number of commercial banks in Ghana could hit 30 by close of 2012 if the Bank of Ghana approves a number of applications for licences to establish universal banking operations in the country.
Already the established banks, in spite of their numbers, are accused of failing to cater for the majority of the population. Will the coming numbers help to address the issue? Sydney Casely-Hayford, Business analyst and Investment Consultant and Menson Torkornoo, ex-Banker are convinced the numbers will not solve the problem, plus, there are so many things being done wrong that need correction. Bernard Nasara Saibu poses the questions.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Cedi to return to GH₵14.00 to a dollar after aggressive rise – ABSA report
2 minutes -
Eastern region: All 33 MMDCEs receive one-touch endorsement
4 minutes -
Key figures consulted by Constitution Review Committee so far
6 minutes -
Ahanta West MCE strengthens ties with traditional leaders to spur development
11 minutes -
Useless Column: ‘Faster..harder…faster…faster…faster’
18 minutes -
FanMilk Ghana celebrates 65 years of spreading joy in Ghana
25 minutes -
OSP calls for stronger collaboration with CHRAJ in anti-corruption drive
30 minutes -
Kasoa sanitation crackdown: 7 arrested as MCE issues stern warning
35 minutes -
Nuno Espirito Santo ‘concerned but positive’ for injured Awoniyi
55 minutes -
Betting Beyond Sports: Mybet.Africa customers cash in on King Promise’s TGMA victory
59 minutes -
NPP needs fresh leadership to reclaim Ahafo strongholds – Former China Vice Chair urges
59 minutes -
It will make sense for Kotoko to keep Karim Zito as head coach – Jerome Otchere
1 hour -
Dr Joseph Danquah leads University of Bradford alumni to pay a courtesy call on GETFund Administrator
1 hour -
Delta’s new travel experiences: Your questions, answered
1 hour -
Gabon’s ousted president and family freed after two years and fly to Angola
1 hour